[Federal Register Volume 63, Number 97 (Wednesday, May 20, 1998)]
[Pages 27754-27755]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13421]



Pension and Welfare Benefits Administration

Working Group Studying Pre-retirement Distributions From ERISA 
Employer-Sponsored Pension Plans Advisory Council on Employee Welfare 
and Pension Benefits Plans; Meeting

    Pursuant to the authority contained in Section 512 of the Employee 
Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. 1142, a 
public meeting will be held on Tuesday, June 9, 1998, of the Working 
Group of the Advisory Council on Employee Welfare and Pension Benefit 
Plans, which is studying pre-retirement distributions, including in-
service distributions and participant loans from ERISA employer-
sponsored pension plans. Such distributions are known in the pension 
benefits community as ``leakage.''

[[Page 27755]]

    The purpose of the open meeting, which will run from 9:30 a.m. to 
approximately noon in Room N-4437 C&D, U.S. Department of Labor 
Building, Second and Constitution Avenue NW, Washington, DC 20210, is 
for Working Group members to continue gathering statistical information 
and/or to take additional testimony on the import of these ``pension 
preservation'' issues.
    Members of the public are encouraged to file a written statement 
pertaining to the topic by submitting 20 copies on or before June 2, 
1998, to Sharon Morrissey, Executive Secretary, ERISA Advisory Council, 
U.S. Department of Labor, Room N-5677, 200 Constitution Avenue, NW, 
Washington, DC 20210. Individuals or representatives of organizations 
wishing to address the Working Group should forward their request to 
the Executive Secretary or telephone (202) 219-8753. Oral presentations 
will be limited to 10 minutes, but an extended statement may be 
submitted for the record. Individuals with disabilities, who need 
special accommodations, should contact Sharon Morrissey by June 2, 
1998, at the address indicated in this notice.
    Organizations or individuals also may submit statements for the 
record without testifying. Twenty (20) copies of such statements should 
be sent to the Executive Secretary of the Advisory Council at the above 
address. Papers will be accepted and included in the record of the 
meeting if received on or before June 2.

    Signed at Washington, DC, this 14th day of May, 1998.
Olena Berg,
Assistant Secretary, Pension and Welfare Benefits Administration.
[FR Doc. 98-13421 Filed 5-19-98; 8:45 am]